About the Unclaimed Property Division

The Office of the State Treasurer is responsible for the administration of the Unclaimed Property Act.

The law requires that “holders” such as banks, credit unions, insurance companies, retail stores, utility companies, and business associations turn over to the Office of the State Treasurer any assets such as money, cash, checks or stocks that have been abandoned for which there has been no contact for a period of five years.

The Unclaimed Property Division is charged with trying to locate the rightful owners of such assets.